The Visio Blog | Visio Lending

Fall 2019 Permanent Rental Closed Loans

Written by Hannah Lapin | Nov 11, 2019 3:00:00 PM

At Visio Lending, we've closed over 8,000 loans across the country and are continually helping investors grow their rental and vacation portfolios. Our flexible loan programs can be customized to meet your investment needs. For instance,  the investor who is building a legacy of rental properties to give to their heirs and keep in the family forever, can choose our 30-year terms and buy their rates down. Here are some examples of what we've coined as "Permanent Rentals" that have closed in September and October of 2019:

Columbus, Ohio - 4 Unit Rental

  • Loan Amount: $450,000
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 4% (Buy down rates by .6 pts)
  • Loan Type: Cash-Out Refinance

Kalamazoo, Michigan - Single Family Residential Rental

  • Loan Amount: $78,750
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .9 pts)
  • Loan Type:  Purchase

Houston, Texas - 2 Unit Rental

  • Loan Amount: $233,800
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .9 pts)
  • Loan Type:  Rate & Term Refinance

Orlando, Florida - 2 Unit Rental

  • Loan Amount: $187,500
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .9 pts)
  • Loan Type:  Cash-Out Refinance

Ballston Spa, New York- Single Family Rental

  • Loan Amount: $206,250
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 3% (Buy down rates by .3 pts)
  • Loan Type:  Cash-Out Refinance

Kansas City, Kansas - 2 Unit Rental

  • Loan Amount: $82,500 
  • Rate Structure: 30-Year Fixed
  • Origination Fee: 5% (Buy down rates by .9 pts)
  • Loan Type:  Cash-Out Refinance

 

Looking for loans in your area? See a map of where we lend. Interested in our financing? Contact us to learn more.

Related: Spring 2019 Vacation Rental Closed Loans, Spring 2019 Recently Closed Permanent Rentals